Interesting, but not a surprise. “Follow the money.” ============ When plaintiffs lawyers attack, corporations usually settle to avoid the astronomical costs of litigation. One happy exception is Chevron, CVX +0.11% which chose to fight an environmental tort shakedown in Ecuador. The result has been a tragicomic parade of malfeasance and outright fraud, much of which is now being revealed by the... Read more
Archive for the ‘Environment’ Category
Climate of Uncertainty
October 3 | Posted by mrossol | Environment, Global Warming======== Between 1998 and 2012 the global economy more than doubled in size—to some $71 trillion in GDP from $30 trillion. That’s the good news. Over the same period the world pumped more than 100 billion tons of carbon dioxide into the atmosphere. That is supposedly the bad news. Yet global surface temperatures have remained essentially flat. That’s the mystery: If... Read more
GM discounted the Volt How Much!?
September 24 | Posted by mrossol | Debt, Economics, EnvironmentThe rest of the story… ============ DETROIT (AP) – General Motors rolled out the Chevrolet Volt two years ago with lofty sales goals and the promise of a new technology that someday would help end America’s dependence on oil. So it seemed like a good thing in August when sales of the $40,000 car set a monthly record of 2,800. But a closer... Read more
Greens Against Green Energy?
September 5 | Posted by mrossol | EnvironmentHmm. Are they “green” or not? =========== A couple of weeks ago we wondered if green lobbying groups would object to new Department of Interior rules to streamline environmental approval for solar energy projects on hundreds of thousands of acres of federal land. (“The Solar-Painted Desert,” Aug. 13, 2012.) Well, here we go. Three environmental groups—Western Lands Project, Basin and Range Watch,... Read more
Windmills vs. Birds
March 9 | Posted by mrossol | American Thought, Environment, The LeftWell, well. I’m waiting for a viral video… ===== By ROBERT BRYCE For years, the wind energy industry has had a license to kill golden eagles and lots of other migratory birds. It’s not an official license, mind you. But as the bird carcasses pile up—two more dead golden eagles were recently found at the Pine Tree wind project in Southern California’s Kern... Read more
The United States of EPA
December 1 | Posted by mrossol | Economics, Environment, The LeftIf you can’t legislate, let the EPA do it… ======== Here’s one good way to consider the vote in 2012: It’s about whether to re-elect President Lisa Jackson, the head of the Environmental Protection Agency, which these days runs most the U.S. economy. The EPA heaved its weight against another industry this month, issuing a regulation to sharply increase fuel economy. Under this... Read more
